This week’s pick is The Second Common Reader or The Common Reader: Second Series by Virginia Woolf. This month I’m focusing on reading next in series books and sequels waiting to be read on my TBR pile for the most part (July plans here), and so my Shelf Control posts too will feature some sequels or books from series other than book one, which are waiting on my TBR. Link back to Lisa’s page, and do also leave your links in the comments below as I’d love to check out your picks! To participate, simply pick a book from your TBR pile and write a post about it. Amid rising interest rates and after the failures of Silicon Valley Bank and Signature Bank this year, a growing cohort of depositors sought to move their money to banks seen as safer and offering more attractive returns.Īmong medium-sized banks, First Republic was most affected by the trend: As of mid-March, about 70% of its deposits were uninsured, according to Bank of America, meaning they were larger than the FDIC’s $250,000 guaranteed limit.Wednesday, the 10th of July–Shelf Control day again! Shelf Control is a weekly feature hosted by Lisa at Bookshelf Fantasies, and celebrates the books waiting to be read on your TBR piles/mountains (Mine is currently at 262 including all the e-books I’ve downloaded). The intervention comes days after First Republic reported losing about 40% of its deposits in the first quarter of the year. “The banking system remains sound and resilient, and Americans should feel confident in the safety of their deposits and the ability of the banking system to fulfill its essential function of providing credit to businesses and families,” the spokesperson said in a statement. A spokesperson for the Treasury Department sought to reassure the markets and the public after First Republic, with $229.1 billion in total assets at the time of closure, eclipsed Silicon Valley Bank ($209 billion at the time of closure) to become the second-largest bank failure in American history.
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